The Pro-Chancellor and Chairman of Council, Mallam Yusuf Olaolu Ali (SAN) and a team of the University Management, led by the Vice-Chancellor, Professor Labode Popoola were in attendance at a Parent Forum meeting held on Friday, 20th October, 2017 in the Prince Olagunsoye Oyinlola Auditorium, Main Campus, Osogbo to brief the parents on the new school fees already approved by Council.

The Pro-Chancellor, while appealing to parents to cooperate with the University said the increase was necessary to ensure that the University can continue to play its role towards the delivery of good quality education and experience to students. The proposed tuition and fees is expected to shore-up the university finances which has continued to dwindle owing to serious decline in state government’s subvention to the university. 

With respects to provision of hostel accommodation for the students, he urged the rich among the parents to support the University financially and partner with it to build hostels within the University campuses as it is safer for students to reside on campus than living off-campus.
The Vice-Chancellor, Professor Labode Popoola further assured the parents that the school fees increase would not apply to the existing students till they graduate from the University. 

He however explained that the University has introduced a unified payment system in which all fees including Departmental, Association and other related fees will be paid online at once to the University account as this will enable the university management to monitor all dues being paid by the students and ensure transparency and accountability.

The Vice-Chancellor also informed the parents that the University will commence the Tertiary Institution Social Health Insurance Programme (TISHIP from 2017/2018 session. Under the TSHIP scheme, each student will be registered and insured with a fee of five thousand naira (N5000.00) per session. The benefit of the health insurance programme for the students include access to quality healthcare services in the University Health Centres and NHIS-registered hospitals across the country. He further informed the Forum that student leaders had been fully briefed on the TISHIP, which they all have embraced.

The University, according to Professor Popoola, has also introduced a 5% discount in the school fees for students who make full payment before November 20, 2017, which is the resumption date. He announced adjustments in the penalty for late registration, which now starts from 5% of the student's school fees in the first two weeks of the stipulated late registration period and gradually increases by 1% every subsequent week.

The parents, who assured the University of their full cooperation, thanked the Management for excluding the existing students from payment of the new school fees.